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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Illinois
  4. Aurora
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Aurora, IL

How much house can you afford in Aurora? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Aurora

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

First Centennial Mortgage

First Centennial Mortgage is known for its straightforward approach and supportive team, especially valued by first-time homebuyers navigating the mortgage process. They offer a variety of loan options and maintain clear communication throughout, helping clients feel informed and encouraged. Some find the process challenging, but the team’s guidance often makes it more manageable.

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(877) 463-2610
Open 8:30 AM - 5:00 PM
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
2

The Hill Mortgage Company

The Hill Mortgage Company is known for clear communication and honoring upfront commitments like zero closing costs. The team assists with refinancing and mortgage loans, staying in close contact throughout the process. Customers appreciate their knowledge and availability, though some note occasional last-minute changes.

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(630) 618-4235
Open 10:00 AM - 6:00 PM
75 Executive Dr Ste 117, Aurora, IL 60504
3

VC MORTGAGE LLC

VC Mortgage LLC focuses on fast mortgage approvals and clear communication to help clients move smoothly from pre-approval to closing. They offer a variety of loan programs, including Conventional, First-Time Home Buyer, Buydown Loans, HELOC, and Refinance options. Customers appreciate the team’s responsiveness and thorough guidance throughout the process.

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(331) 707-5709
Open 8:00 AM - 6:00 PM
75 Executive Dr Ste 357D, Aurora, IL 60504
4

Guild Mortgage - Linda Callaghan

Guild Mortgage offers a wide range of loan options, including FHA, VA, and USDA programs, aimed at making homeownership accessible for first-time buyers and those refinancing. The team provides clear, supportive guidance throughout the process, helping clients feel informed and confident, though some may find the pace slower than expected.

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(630) 854-9037
Open 8:00 AM - 5:00 PM
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
5

Guild Mortgage - Rick Litton

Guild Mortgage offers a wide range of mortgage options, including VA, FHA, Jumbo, USDA, and renovation loans, backed by over 60 years of experience. The team focuses on understanding each client’s unique needs to provide clear guidance throughout the home financing process. Customers appreciate their responsiveness and the straightforward, supportive approach.

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(630) 319-4762
Open 8:00 AM - 5:00 PM
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
Where they are 10 on the map Click a pin for the profile and directions
6

Cassandra Bajak-Sr.Mortgage LO Guild Mortgage

With over 35 years of experience and a Certified Veteran Lending Specialist credential, this team offers expertise in a wide range of mortgage options including Jumbo, VA, FHA, and renovation loans. Clients appreciate their clear communication and thorough guidance throughout the home buying process, though some note the fast pace can feel intense.

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(847) 877-5588
Open 00:00 - 23:59
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
7

Jennifer Castillo

Specializing in guiding first-time homebuyers through the mortgage process, this team offers clear communication and thorough explanations at every step. They handle loan approvals and financing with patience and responsiveness, making what can be a stressful experience feel manageable. Customers appreciate their professionalism and supportive approach throughout the home purchase journey.

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(630) 347-0121
Open 8:00 AM - 5:00 PM
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
8

Michael Giacomino | Mortgage Loan Officer

Known for clear communication and a smooth mortgage process, this team helps clients navigate home financing with ease. They offer personalized loan options and keep borrowers informed at every step. Customers appreciate their punctuality and friendly approach, though some may find the process takes careful attention to detail.

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(630) 746-7478
Closed Now
2471 W Sullivan Rd, Aurora, IL 60506
9

Cindy Allen | Mortgage Loan Officer | Aurora, IL

With over 30 years of experience, this mortgage team focuses on educating clients to make the home financing process clear and manageable. They offer a wide range of loan programs, including Conventional, FHA, VA, USDA, Down Payment Assistance, and Renovation loans. Customers appreciate their responsive communication and thorough guidance, especially first-time buyers.

Services & Prices
Home Market Analysis Quoted per loan
Home Offer Preparation Quoted per loan
View Profile
(630) 395-7515
Open 00:00 - 23:59
2471 W Sullivan Rd Suite 1, Aurora, IL 60506
General Services
Home Buying
10

John Price | Mortgage Loan Officer | Aurora, IL

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About This PageThe website is currently experiencing an HTTP ERROR 522, indicating a connection issue between the web server and the visitor. This means the page is not loading correctly. Users encountering this error are advised to contact the site owner for assistance.CredentialsNo specific credentials, certifications, or awards are mentioned on this error page. The primary information available is the HTTP ERROR 522 code, which signifies a connection problem.OfferingsThis page does not detail any services or products offered by the website. Its sole purpose is to inform the user that the page is not working and to suggest contacting the site owner.Unique AdvantagesThe only verifiable differentiator is the clear communication of a technical issue (HTTP ERROR 522) and a direct instruction to contact the site owner, indicating a direct approach to problem resolution.

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(630) 297-7924
Open 9AM - 5PM
2471 W Sullivan Rd Suite 1, Aurora, IL 60506

Aurora Mortgage Statistics

Home-purchase lending in Kane County and home costs in Aurora, IL (latest HMDA and Census data)

Lenders made 5,997 home-purchase loans in Kane County in 2025 (average about $335,000) and denied 547 — 8% of decided applications, compared with 12% across Illinois, according to federal mortgage data (HMDA, CFPB). In Aurora, the median home is worth $274,800 and 69% of owners have a mortgage, paying a median $1,995 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
5,997▼ 1%6,076 in 2024
Denial rate
8%IL 12%
Median home value
$274,800IL $263,300
Monthly cost with a mortgage
$1,995median · IL $1,987
Refinance loans made (Kane County, 2025)
3,432 · 2,410 in 2024
Home-improvement loans made (2025)
988
Average home-purchase loan
$335,000 (IL $322,000)
Owners with a mortgage
69% · 28% of them spend 30%+ of income on housing
Median household income
$93,633 (IL $83,390)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Kane County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

How this Aurora mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Illinois rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 1.79% of the home's value a year, the Illinois average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the maximum home price you can afford based on income, debts, down payment, interest rate, and more. It uses Illinois-specific property tax rates.
How accurate is this mortgage calculator for Aurora?
The calculator provides an estimate based on current rates and typical Illinois property taxes. A lender's pre-approval will confirm your actual borrowing power.
What is the debt-to-income ratio for mortgages?
Lenders generally cap housing costs at 31% and total debts at 43% of your gross monthly income, though some loans may allow more with strong credit.
What is the minimum down payment in Illinois?
First-time buyers can put down as little as 3% on conventional loans or 3.5% on FHA loans. VA and USDA loans may allow 0% down for eligible buyers.
How do interest rates affect how much I can afford?
Higher interest rates increase monthly payments, reducing the maximum loan amount you can qualify for. Rates change weekly, affecting affordability.
How do debts impact my mortgage qualification?
Existing debts reduce your borrowing capacity. Lenders consider total debt payments, including the new mortgage, when assessing affordability.
What are the property tax rates in Illinois?
Property taxes in Illinois are about 1.79% of the home's value annually, based on the 2024 average for owner-occupied homes.
What's the difference between pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, providing a confirmed borrowing amount. Pre-qualification is an initial estimate without verification.
What does a mortgage broker do?
A mortgage broker helps find and negotiate loan terms with lenders, potentially offering a variety of loan options to suit your needs.

General information, not financial advice — consult a qualified professional.